Securities code: Shenzhen Topband Co.Ltd(002139) securities abbreviation: Shenzhen Topband Co.Ltd(002139) Announcement No.: 2026 Shenzhen Topband Co.Ltd(002139)
Announcement on correction and retroactive adjustment of accounting errors in the previous period
The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete without false records, misleading statements or major omissions.
Shenzhen Topband Co.Ltd(002139) (hereinafter referred to as "the company") held the 21st Meeting of the 7th board of directors and the 17th meeting of the 7th board of supervisors on March 18, 2022. The meeting deliberated and adopted the proposal on correction and retroactive adjustment of accounting errors in the previous period. According to the requirements of relevant laws and regulations such as the Listing Rules of Shenzhen Stock Exchange, the guidelines for the standardized operation of listed companies of Shenzhen Stock Exchange and the articles of association, this matter does not need to be submitted to the general meeting of shareholders for deliberation. The relevant information is hereby announced as follows:
1、 Reasons for correction of accounting errors in the previous period
In view of the company's intention to spin off its holding subsidiary Shenzhen Research Control Automation Technology Co., Ltd. (hereinafter referred to as "research control automation") to A-share listing, based on the principle of prudence, in order to maintain the consistency of IPO audit, the company found important early errors in the audit process of research control automation share reform, and the company made the following adjustments to the accounting of research control automation:
1. Capitalization adjustment of R & D expenses
The research control automation R & D project is divided into research stage and development stage. In previous years, the projects that meet the R & D capitalization were capitalized. This audit made retroactive adjustment and treated the capitalized projects in the early stage as expenses.
2. Share based payment adjustment
Due to the fact that research control automation granted equity to employees in key positions through the shareholding platform, it was not recognized as share based payment and the corresponding expenses were not accrued. According to the definition of accounting standards for Business Enterprises No. 11 - share based payment, share based payment refers to the transaction in which an enterprise grants equity instruments or undertakes liabilities determined on the basis of equity instruments in order to obtain services from employees and other parties. Therefore, research control automation retroactively recognizes the rights and interests granted to employees as share based payment, adjusts and withdraws the corresponding expenses, and uses the retroactive restatement method to correct them.
2、 The impact of correction of accounting errors in the previous period on the financial position and operating results of the consolidated financial statements in the comparative period
According to the provisions of the accounting standards for Business Enterprises No. 28 - changes in accounting policies and accounting estimates and correction of errors issued by the Ministry of finance, the rules for the preparation of information disclosure by companies offering securities to the public No. 19 - correction and related disclosure of financial information issued by the China Securities Regulatory Commission and other relevant documents, the company adopts the retrospective restatement method to correct the above accounting errors. After retroactive adjustment, there will be no change in the nature of profit and loss in the relevant annual statements disclosed by the company. The impact of the above correction of accounting errors on the company's consolidated financial statements in 2018, 2019 and 2020 is as follows:
(I) impact of the above error correction on the company's consolidated financial statements in 2020
1. Impact on consolidated balance sheet items at the end of 2020
Unit: Yuan
December 31, 2020
project
Report item amount before adjustment amount after adjustment
Other current assets 68175222372121222397029644476
Intangible assets 30979454063 - 305149712327927956940
Development expenditure 6851837579 -56596576286177922
Total assets 680873503728 - 3405034541677468469187
Capital reserve 95673403975126368530996937089284
Undistributed profit 132494436991 -1906196980130588240011
Minority shareholders' equity 8499215143 -27625228705736692273
Note: the above error correction has no impact on the parent company's balance sheet in 2020.
2. Impact on 2020 consolidated income statement items
Unit: Yuan
Year 2020
project
Report item amount before adjustment amount after adjustment
Administrative expenses 1812961783327612928618405747119
R & D expenses 3136182775739243765831754265415
Operating profit 62813278953 -66856694462144712009
Total profit 62616650985 -66856694461948084041
Income tax expense 7497142576 -2067266447290415932
Year 2020
project
Report item amount before adjustment amount after adjustment
Net profit 55119508409 -461840 Shenzhen Emperor Technology Company Limited(300546) 57668109
Net profit attributable to the parent company 53351681404 -13556904053216112364
Net profit attributable to minority shareholders 1767827005 -3262712601441555745
Note: the above error correction has no impact on the profit statement of the parent company in 2020.
(II) impact of the above error correction on the company's consolidated financial statements in 2019
1. Impact on consolidated balance sheet items at the end of 2019
Unit: Yuan
December 31, 2019
project
Report item amount before adjustment amount after adjustment
Other current assets 307807490953955953083470504
Intangible assets 22899707135 -260779284020291914295
Development expenditure 6201518242 -6169262825584591960
Total assets 178369434517 -3219323527175150110990
Undistributed profit 86630193211 -177062794084859565271
Minority shareholders' equity 12478254090 -144869558711029558503
Note: the above error correction has no impact on the balance sheet of the parent company in 2019.
2. Impact on 2019 consolidated income statement items
Unit: Yuan
2019
project
Report item amount before adjustment amount after adjustment
Administrative expenses 1426227455021056125014472835800
R & D expenses 2577959689549398469626273581591
Operating profit 39221889291 -704594638517343345
Total profit 39328392925 -70454594638623846979
Income tax expense 5264707938 -53955955259312343
Net profit 34063684987 -69915035133364534636
Net profit attributable to the parent company 33082743700 -38453269332698211007
Net profit attributable to minority shareholders: 980941287 -314617658666323629
Note: the above error correction has no impact on the profit statement of the parent company in 2019.
(III) impact of the above error correction on the company's consolidated financial statements in 2018
1. Impact on consolidated balance sheet items at the end of 2018
Unit: Yuan
